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Azerbaijan names crude oil exports volume to Portugal

Oil&Gas Materials 23 December 2021 13:47 (UTC +04:00)
Azerbaijan names crude oil exports volume to Portugal

BAKU, Azerbaijan, December 23

Trend:

Azerbaijan has exported over 1.1 million tons of oil to Portugal over the period from January through November 2021, Trend reports citing the country’s State Customs Committee (SCC).

The value of the exported oil exceeded $587 million, and the share of Portugal in overall oil export of Azerbaijani equaled 4.54 percent.

The total volume of Azerbaijan’s oil exports to international markets declined from January through November 2021. According to the report, this figure amounted to over 25.5 million tons, down by slightly over two billion tons or 7.5 percent on annual basis.

Besides, in the first 11 months of this year, Azerbaijan exported oil worth more than $12.2 billion, which is 37.46 percent more compared to the same period of 2020.

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